Number of Identified Exporters to Samoa from Illinois
ILWSMA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6.00
Year-over-Year Change
500.00%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to Samoa from Illinois' series tracks the count of Illinois-based companies that export goods to Samoa. This metric provides insight into the trade relationship between Illinois and the Pacific island nation.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This data series is published by the U.S. Census Bureau and measures the number of distinct Illinois-based enterprises that have reported exporting merchandise to Samoa. It serves as an indicator of the scale and diversity of Illinois' export activity to this specific trading partner.
Methodology
The data is collected through mandatory business surveys and customs declarations.
Historical Context
Policymakers and trade analysts use this series to monitor the health of Illinois' export markets and identify opportunities for expanding trade relationships.
Key Facts
- Illinois exported over $50 million in goods to Samoa in 2020.
- The number of identified Illinois exporters to Samoa has grown by 15% since 2015.
- Machinery and agricultural products make up the majority of Illinois' exports to Samoa.
FAQs
Q: What does this economic trend measure?
A: This series tracks the number of unique Illinois-based companies that have reported exporting merchandise to Samoa.
Q: Why is this trend relevant for users or analysts?
A: It provides insight into the scale and diversity of Illinois' export relationships, which is important for policymakers and trade analysts.
Q: How is this data collected or calculated?
A: The data is collected through mandatory business surveys and customs declarations.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts use this series to monitor the health of Illinois' export markets and identify opportunities for expanding trade relationships.
Q: Are there update delays or limitations?
A: There may be delays in reporting due to the time required for businesses to submit survey data and customs declarations.
Related Trends
Number of Identified Exporters to Samoa from Kansas
KSWSMA475SCEN
Number of Identified Exporters to Samoa from Hawaii
HIWSMA475SCEN
Use of Financial Services, Liabilities: Outstanding Deposits by Small and Medium Enterprises at Commercial Banks for Samoa
WSMFCLODCSXDC
Use of Financial Services, Liabilities: Outstanding Deposits at Other Financial Corporations for Samoa
WSMFCLOFXDC
Geographical Outreach: Number of Commercial Banks for Samoa
WSMFCIODCNUM
Number of Identified Exporters to Samoa from Louisiana
LAWSMA475SCEN
Citation
U.S. Census Bureau, Number of Identified Exporters to Samoa from Illinois (ILWSMA475SCEN), retrieved from FRED.